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Occidental donates land for new fire station in Midland
Occidental donates 4.4 acres in northeast Midland for a new fire station, enhancing safety and support for the community.
ERCOT Board discusses transmission plan to serve growing needs of Permian Basin region
ERCOT's Capacity, Demand and Reserves Report forecasting the next five years is set to be released this month.
Driverless semis in Permian Basin could revolutionize long-haul trucking
Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin. Two semitrailer trucks owned by Atlas Energy ...
Chevron Sees Permian Basin Oil Growth Reaching 10% This Year
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
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USEDC plans $1bn investment in Permian Basin in 2025
US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...
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U.S. Energy Development Corporation to Deploy Up to $1 Billion in the Permian Basin During 2025
In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...